83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GOLD
GOLD_
GOLD_
2019-11-27

GOLD_, H4: Gold price was traded lower following prior retracement from the 20 MA line (Red). However, MACD which illustrated increasing bullish momentum suggest its price to be traded higher in short-term as technical correction.

 

Resistance level: 1464.85, 1472.40

Support level: 1456.70. 1448.65